Supply Chain Shaman

SEPTEMBER 3, 2018

According to my research, top-performing supply chains possess three very different qualities. In our monthly webinar last Wednesday, I presented these results. During the webinar, a respondent asked me to not present just the facts but to give advice. Recently, I was presenting to a supply chain team in Europe.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Logistics Viewpoints

JULY 24, 2023

million metric tons of the company’s CO2 emissions are attributed to fossil fuel emissions. But that 85% metric makes things sound better than they really are. The use of small businesses for last mile deliveries presents both opportunities and challenges. According to Amazon’s 2021 Sustainability Report, 12.1

Customer Service 201

Customer Service Logistics Network Optimization Software Los Angeles Procurement Analytics 201

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

MARCH 18, 2018

Financial Reengineering is the radical redesign of business processes and organizational structure in order to achieve significant improvements in performance, such as productivity, cost reduction, cycle time, and quality. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. Sounds good? Think again.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. 40 Manufacturing KPIs That Drive Results.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 108

Supply Chain Shaman

SEPTEMBER 22, 2022

Companies would be better served to measure plan adherence, plan quality, and process latency and train their planners while saving the time and energy of thinking about lights-out planning. For more on the building of the planning master data layer, reference the ASCM presentation from last week.) Real-time Planning.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024. The integration of AI+ will usher in a profound impact on demand planners.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Taulia

JULY 21, 2022

Companies with an efficient and effective supplier management process are much better placed to obtain goods and materials of higher quality and at lower cost, in a more reliable and timely fashion, than those without. Metric: The number of orders containing defective products divided by the total number of orders placed. Availability.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Logistics Viewpoints

MARCH 25, 2024

Their micro verticals need solutions that support shelf-life logic, seasonality, achieving high quality despite variability in raw materials and ingredients, traceability, and attribute-based stock keeping units. The software architecture allows the value to be measured and those metrics are visible to the customer and the Infor success team.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

Precoro

DECEMBER 11, 2023

Company priorities extend far beyond just the purchasing price, so strategic sourcing also considers the following factors: Delivery price Delivery speed Quality and durability Servicing requirements Regulatory compliance Innovation These factors should be weighed against each other, as well as against the purchasing price.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

JULY 12, 2022

While fortuitous at present, it is a good time to reflect on lessons learned. The focus needs to move from functional metrics to balanced scorecard outcomes. Functional metrics insulate organizations and throw the supply chain out of balance. contraction in 2019 to positive growth of 7.2% in 2021 was a rough ride.

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217

Silvon Software

JANUARY 25, 2023

This article presents 18 ideas that can be used by supply chain leaders to improve participation by their sales organizations in the process. Salespeople have personal interest in their metrics, so it’s helpful if the forecasting software calculates the forecasting KPIs to make it easy for them to see where they stand.

Supply and Demand 106

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 106

Logility

NOVEMBER 20, 2020

We need systems to filter out the extraneous bits, and, just as importantly, we need systems to present the most relevant information in ways we can easily assimilate. Putting them in line with raw numbers to show the direction of trends can make scanning a set of metrics and choosing a course of action much simpler.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Analytics Software Supply Chain Software 139

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

QAD

JUNE 9, 2022

In the first part of this three-part series, I discuss quality management tools for identifying a problem, the root cause and its impact. Next I’ll dive into the quality management tool selection process. Data Analytics is the Key to Effective Quality Efforts. Choose, then forget about the others. How an EQMS Can Help.

Analytics Software 90

Analytics Software Demand Planning Software Quality Tools 90

Supply Chain Opz

FEBRUARY 9, 2014

The goal of this article is to, - introduce readers to blogs/sites that provide high quality and timely information about supply chain management - showcase great contents from these blogs/sites - the end result is the rankings of the best supply chain blogs of 2014 or " Supply Chain Power 50 " Data Collection We try to make the rankings as transparent (..)

Supply Chain 279

Supply Chain North America Supply and Demand Case Study 279

Locus

OCTOBER 6, 2023

Brian Mclean, who heads our North American sales division, shed light on present-day challenges in carrier management and illustrated how embracing the right technological solutions can offer effective mitigation. Partnering with the wrong carrier is detrimental both in terms of cost and service quality.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software System 52

Supply Chain Shaman

JULY 22, 2019

We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups. Celebrating Success. Comparison To The Gartner Top 25.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. For many it’s likely that the opportunity is much larger.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

OCTOBER 2, 2020

At the end of every presentation, one of my clients always says, “Let’s fix the basics.” Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. I am unsure if it was a quality issue or a re-routed defective return.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Unleashed

OCTOBER 16, 2023

Quality control Quality control to guarantee the consistent quality of raw materials from suppliers is also a challenge for manufacturing companies. Maintaining outstanding quality control is imperative for food manufacturers where freshness and food safety are vital.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

APRIL 11, 2024

That’s why AOV is an essential metric to improve. Operational costs present one of the biggest opportunities for boosting net margins. Seaweed is an emerging industry in New Zealand, so finding local seaweeds at food grade quality is an ongoing challenge.” Other tactics include upsell, cross-sell, and product bundling.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

GlobalTranz

JUNE 1, 2018

Performance metrics can be used to provide real-time feedback, which helps keep employees motived and focused on continuous improvement. Optimizing fulfillment systems can enable a company to meet the constantly increasing expectations of today’s consumers in terms of price, quality, and timeliness. Fewer instances of employee theft.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 184

SCMDOJO

AUGUST 4, 2023

Reason # 3: Inventory Management Improves Quality Since the use of interchangeable parts and mass production methods, reduce inventory effectively increases the output obtained from raw materials and partially-completed products. But times are changing, the use of reduce inventory offers more quality and useful performance metrics.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

RFgen

MARCH 10, 2023

Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs. For example: Inventory accuracy / error rate Order turnaround / cycle time Cost per order And any other metrics valuable to your operation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. Our personal observation is that scholarly articles cite books because most books present building block concept in supply chain management and citations usually appear in the literature review section.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Simply put, the quality of an AI decision depends on the extent of the data available – to recognise patterns and glean insights. In an environment guaranteed to present continuous supply chain disruptions, the message is clear –orchestrate your supplier and partner ecosystems to drive cross-functional, data-driven decision-making.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

SCMDOJO

MARCH 19, 2024

Creating Informative Content Tailored to Supply Chain Professionals’ Interests Creating and distributing high-quality content relevant to professional interests is critical. Presented well, these demonstrate expertise and inspire trust and confidence. They are effective for establishing a long-term online presence.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

Logility

MARCH 6, 2020

Another quality of Machine Learning forecasting is the ability to be ‘always on’ in the sense that the forecast can be programmed to update automatically on the most recent data. But even more importantly, Logility’s process extracts signals from disparate data in a highly automated yet transparent manner.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Supply Chain Shaman

NOVEMBER 16, 2017

The presentation focused on nine themes. Yesterday, Bristlecone and IBM presented case studies. The current efforts are improving functional metrics and traditional processes. Examples include quality specifications, cold chain, return data, etc. One of the nine was blockchain. I saw no raised hands.

Supply Chain Design Software 128

Supply Chain Design Software Case Study Supply Chain Network Software Supply Chain Design 128

ThroughPut

JANUARY 19, 2024

Logistics presents a formidable challenge in the ready mix concrete (RMC) industry. Unlike cement industry challenges , once mixed, RMC must be delivered and used within a narrow window to preserve its quality and integrity. These scorecards included metrics like job numbers, sales volume, load size, and distance to plants.

Case Study 52

Case Study Waste Reduction Resource Reduction Material Savings 52

Taulia

JUNE 26, 2023

By focusing on improving their supply chain processes, businesses can improve product quality, avoid inventory shortages or oversupply, increase customer satisfaction, protect against supply chain risks, and reduce costs. Then, move on to build your supply chain to suit those metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Supply Chain Game Changer

SEPTEMBER 28, 2022

If any of these pointers are present, you need to prepare your web product to redesign. Besides, redesign always helps remove the flaws, glitches, and imperfections, reducing the quality of user experience and costing you customers. Still, as time passes, you might notice that your website enjoys fewer visits.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85